The Australian Dollar (AUD) continued its downward trend against the US Dollar (USD) on Thursday, marking the sixth consecutive day of losses. The exchange rate for the AUD/USD slipped as traders reacted to shifting market dynamics, despite increasing speculation around a potential rate hike by the Reserve Bank of Australia (RBA) in February.
This persistent decline raises questions about the Aussie’s resilience in the current trading environment. With the AUD facing mounting pressure, investors are closely monitoring the currency pair for any signs of reversal, especially with the RBA's upcoming decisions that could influence monetary policy. As the market adjusts to these developments, the implications for traders will be significant, impacting trade strategies and positioning in the forex market.
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Data Source: FX Killer Analysis Team Updated: 2025-12-18 05:23
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.